SCHEDULES

SCHEDULE 13Ownership of licensed bodies

Part 1Introductory

Restricted interest

2

(1)

“Restricted interest” means each of the following—

(a)

a material interest;

(b)

if licensing rules are made by the relevant licensing authority under sub-paragraph (2), a controlled interest.

(2)

Licensing rules may specify that a controlled interest is a restricted interest for the purposes of this Schedule.